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Global Military Battery Market 2018-2022 | Evolving Opportunities with BREN-TRONICS and EaglePicher Technologies | Technavio

LONDON--(BUSINESS WIRE)--Oct 25, 2019--

Technavio has been monitoring the global military battery market since 2017 and the market is poised to grow by USD 473.95 million during 2018-2022, progressing at a CAGR of more than 4% during the forecast period. Request free sample pages

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Technavio has announced its latest market research report titled global military battery market 2018-2022. (Graphic: Business Wire)

Read the 107-page report with TOC on “Military Battery Market Analysis Report by Technology (rechargeable and non-rechargeable), Geography (Americas, APAC, and EMEA), and the Segment Forecasts, 2018-2022”.

The market is driven by the decline in Li-ion battery prices. In addition, the rise in the use of military drones is anticipated to boost the growth of the military battery market.

Lithium-ion batteries are gaining popularity across end-user applications owing to benefits such as low maintenance, low discharge rate, lightweight, and high energy storage potential. Their growing popularity is attracting significant investments toward the development of Li-ion battery technologies. As a result of these factors, the cost of Li-ion batteries has reduced considerably over the past few years. This coupled with the growing demand for affordable, lightweight, high-energy, and durable batteries for military applications is expected to boost market growth during the forecast period.

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Major Five Military Battery Companies:

BREN-TRONICS

BREN-TRONICS owns and operates the business across various segments. The company offers a wide range of military batteries. Some of the popular offerings by the company include BT-70757BG, BT-70747BE, BT-70410, BT-70757BV, BT-70780T, and others.

EaglePicher Technologies

EaglePicher Technologies offers a wide range of military batteries. Some of the popular offerings by the company include LCF-134, LCF-15001, LCF-15002, LP 30794, RAPiD System, MAR-9522, and others.

EnerSys

EnerSys operates its business across the Americas, EMEA, and APAC segments. The company offers a wide range of batteries for military applications. Some of the products offered by the company include Hawker, EnerSys Advanced Systems (EAS) Lithium Batteries, G3168B1, G3198A1, and others.

GS Yuasa

GS Yuasa owns and operates its business across segments such as automotive batteries, industrial batteries and power supplies, automotive lithium-ion batteries, and others. LIM25H and LIM50EN are some of the popular products offered by the company.

Saft

Saft owns and operates its business across segments such as transportation, telecom, & grid, civil electronics, industrial standby, and space & defense. The company offers a wide range of batteries for military applications. Some of the products offered by the company include 28V LBB, HEMV, High power lithium battery box, Integrated charger battery, and others.

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Military Battery Technology Outlook (Revenue, USD Million, 2018 - 2022)

  • Rechargeable
  • Non-rechargeable

Military Battery Regional Outlook (Revenue, USD Million, 2018 - 2022)

  • Americas
  • APAC
  • EMEA

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report

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Global Energy Storage Market for Unmanned Aerial Vehicles (UAVs) – Global energy storage market size for UAVs by product (battery and fuel cell) and geography (Americas, APAC, and EMEA).

Global Electric Vehicle (EV) Battery Market – Global electric vehicle (EV) battery market by battery type (lithium-ion battery, lead-acid battery, and others) and geography (the Americas, APAC, and EMEA).

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191025005188/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email:[email protected]

Website:https://www.technavio.com/

KEYWORD:

INDUSTRY KEYWORD: DEFENSE OTHER ENERGY TECHNOLOGY ENERGY OTHER DEFENSE HARDWARE

SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 10/25/2019 07:30 AM/DISC: 10/25/2019 07:30 AM

http://www.businesswire.com/news/home/20191025005188/en

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